Pakistan - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Washer Price in Pakistan - 2023
Contents:
- Metal Washer Price in Pakistan (CIF) - 2022
- Metal Washer Price in Pakistan (FOB) - 2022
- Metal Washer Imports in Pakistan
- Metal Washer Exports in Pakistan
Metal Washer Price in Pakistan (CIF) - 2022
In 2022, the average metal washer import price amounted to $3,660 per ton, rising by 4.2% against the previous year. Over the period under review, the import price saw slight growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 32% against the previous year. As a result, import price attained the peak level of $6,191 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($6,129 per ton), while the price for China ($3,078 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Washer Price in Pakistan (FOB) - 2022
The average metal washer export price stood at $6,245 per ton in 2022, increasing by 101% against the previous year. Overall, the export price posted a perceptible increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 138% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($6,393 per ton), while the average price for exports to Oman stood at $2,548 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+38.9%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Washer Imports in Pakistan
After three years of growth, overseas purchases of iron or steel washers decreased by -5.2% to 385 tons in 2022. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of 406 tons, and then shrank in the following year.
In value terms, metal washer imports reduced to $1.4M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports reached the peak of $1.4M, and then declined modestly in the following year.
| Import of Metal Washer in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 609 | 689 | 769 | 729 | 6.2% |
| United Arab Emirates | 155 | 137 | 154 | 146 | -2.0% |
| Germany | 76.5 | 39.2 | 110 | 105 | 11.1% |
| Japan | 87.7 | 56.1 | 93.8 | 88.9 | 0.5% |
| United States | 42.5 | 138 | 52.8 | 72.8 | 19.7% |
| Thailand | 33.6 | 31.3 | 57.9 | 54.9 | 17.8% |
| Italy | 36.9 | 38.7 | 20.1 | 30.0 | -6.7% |
| Others | 205 | 155 | 168 | 182 | -3.9% |
| Total | 1,246 | 1,285 | 1,426 | 1,408 | 4.2% |
Top Suppliers of Metal Washer to Pakistan in 2022:
- China (236.8 tons)
- United Arab Emirates (23.8 tons)
- Germany (20.0 tons)
- Japan (19.7 tons)
- United States (17.2 tons)
- Thailand (16.4 tons)
- Italy (8.2 tons)
Metal Washer Exports in Pakistan
In 2022, overseas shipments of iron or steel washers decreased by -52.7% to 11 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. As a result, the exports reached the peak of 30 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal washer exports declined modestly to $69K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 33%.
| Export of Metal Washer in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 41.6 | 56.4 | 66.5 | 68.2 | 17.9% |
| Oman | 0.4 | 0.3 | 1.1 | 1.1 | 40.1% |
| Saudi Arabia | N/A | N/A | 5.3 | N/A | 0% |
| Others | 0.8 | 0.2 | N/A | N/A | -75.0% |
| Total | 42.8 | 56.8 | 72.9 | 69.3 | 17.4% |
Top Export Markets for Metal Washer from Pakistan in 2022:
- Japan (10.7 tons)
- Oman (0.4 tons)
This report provides an in-depth analysis of the metal washer market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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